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The board of Mayur Uniquoters on Wednesday approved a proposal to buy back up to five lakh fully paid-up equity shares at ₹500 apiece for an aggregate amount not exceeding ₹25 crore. The buyback, which is 1.08 per cent of the total paid-up share capital of the company, is proposed to all its shareholders as on record date, on proportionate basis through the tender offer route. Promoters of Mayur Uniquoters are keen to participate in the proposed buyback.
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